Guaranteed Acceptance Disability Income Insurance
The Guaranteed Acceptance Disability Income Insurance Policy provides monthly cash benefits for off-the-job disabilities:
Guaranteed Acceptance monthly income benefits of up to $3,000, when an employee becomes totally disabled as a result of an accident or illness (up to $5,000 monthly income available on a simplified acceptance basis).
Pre-existing conditions may be covered after only 12 months.
Employees are eligible for monthly benefits after only 14 continuous days of total disability.
Monthly benefits continue for up to 24 months.
Pregnancy is treated the same as any other disability.
Coverage for off-the-job accidents and illnesses.
Convenient, payroll deduction of premiums.
Coverage for mental conditions.
Waiver of Premium Provision will waive premiums once an insured employee has been totally disabled for 90 days or has met the elimination period, whichever is later.
50% Partial Disability Benefits for 6 months when an employee returns to work on a limited basis following a total disability, assuming the partial disability is due to the same reason as the total disability.